Indianapolis-based Elevate Ventures has announced the winners of the regional Elevate Nexus pitch competitions. The organization says the pitches resulted in $660,000 in investments for the winning startups.... Read More
Carmel-based 3C Labs LLC is looking to grow its central Indiana operations. The cannabinoid research and manufacturing company plans to invest $1.5 million to expand its three offices in Carmel and Indianapolis and create 270 jobs by the end of 2023.... Read More
California-based Performance Racing Industry is expanding its footprint to the Indianapolis area. The motorsports trade organization, which holds its annual trade show in Indy, has acquired a building in Speedway that will serve as its membership headquarters.... Read More
The Noble County Economic Development Corp. has joined with several partners to launch what it is calling a state-of-the-art learning lab to support the fourth industrial revolution. The EDC says the Industry 4.0 Lab will help students and adults learn the necessary skills to adapt to new technologies being used in the manufacturing sector.... Read More
An Indianapolis-based home healthcare equipment provider will soon be under new ownership less than a year after going public. Virginia-based Owens & Minor Inc. (NYSE: OMI) has entered into a definitive agreement to acquire Apria Inc. (Nasdaq: APR) in a deal valued at $1.6 billion. Owens & Minor says the acquisition will position the company as a leader in the home healthcare market.... Read More
The owner of an Ohio-based hospitality company has hit a milestone thanks to a move into Indiana. Jordan Hospitality Group says it has earned the title of Largest Franchise Partner for Donatos after acquiring 21 franchise locations in the Hoosier State.... Read More
Indiana revenue exceeded the most recent projections for the month of December. The Indiana State Budget Agency says General Fund revenues totaled nearly $1.7 billion last month, which was 1.2% higher than the December 2021 revenue forecast and more than 14% higher than the same month in 2020.... Read More
In three days, the No. 3 Georgia Bulldogs will face the No. 1 Alabama Crimson Tide in the 2022 College Football Playoff National Championship game at Lucas Oil Stadium in downtown Indianapolis. But how did the game come to the Circle City? CFP Executive Director Bill Hancock says the plan was always to host the game in 10 different cities in its first 10 years and Indy was a "natural fit."... Read More
Indianapolis-based Hurco Companies Inc. (Nasdaq: HURC) is reporting fiscal full-year net income of $6.8 million, compared to a net loss of $6.2 million the previous year. Chief Executive Officer Greg Volovic says the CNC machine manufacturer has rebounded well from challenges caused by the pandemic.... Read More
Greater Lafayette Commerce says it plans to use a nearly $5 million grant from the Indiana Department of Education to create a new accelerator program. The nonprofit economic and workforce development organization says the program is designed to help students overcome hurdles caused by the pandemic and graduate from high school ready for a career and continued education.... Read More
